As of fall 2024, Antler is introducing new investment terms in Europe. Antler now commits €300K into startups at Day Zero. The first €100K is in return for 10% of the business. The other €200K is a binding commitment (signed at Day Zero) to the startup’s pre-seed funding round within the following months at the round’s terms.
The binding commitment of €200K is referred to as ARC (Agreement for Rolling Capital). To avoid excess dilution in small funding rounds, Antler will match every Euro raised from professional investors with 50 Cents, up until a total investment of €200K.
This means that we will invest €100K at Day Zero for 10% (subject to dilution in next round) and €200K committed at Day Zero as part of your following round within the coming 9 months at the round’s valuation, e.g. at €10 mn post money valuation.
Further, Antler has the capital to continue backing its portfolio companies from day zero through to Series C.